Instant Payday Loans
Looking for instant payday loans? Lending Stream offers something better. Short term loans with an instant decision to cover urgent expenses. If you need a reliable and convenient lender, try Lending Stream today.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Representative 1333% APR
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Warning: Late repayment can cause you serious money problems. For help go to moneyhelper.org.uk.
Very easy to apply
Very easy to apply, couldn’t have been more simpler to be honest and the money was in my account in less than a minute 10/10
Leona, 18 November 2023
Poor credit rating no problem
Quick and easy to apply
Kim, 25 November 2023
Why choose Lending Stream?
Fast
Cash sent to your bank in less than 90 seconds, once approved.
Convenient
24/7 simple & online application. Instant decision. Direct lender since 2008.
Affordable
Repay over 6 months. Pay off early with no extra fees and save on interest.
Trusted
Rated excellent on Trustpilot & 99% recommend us on Reviews.co.uk.
What are instant payday loans?
Instant payday loans are type of short term loans that can be used to cover urgent expenses. As the name suggests, these loans are designed to provide borrowers with access to quick cash when they need it most. Unlike traditional loans, which can take days or even weeks to be approved, instant payday loans can be approved in just a few minutes.
However, it is important to remember that instant payday loans also come with high interest rates and fees. For this reason, it is important to only borrow what you can afford to repay.
Can I get an instant payday loan?
There are many lenders with whom you can get an instant payday loan but for such loans your credit score matters a lot and if you have a bad credit score then your chances of getting an instant payday loan are very low.
But this is not the case with Lending Stream. We are a short term loans direct lender who consider your application even if you have bad credit. The best part with us is that we give you 6 months to repay back to us.
How do I check if I’m eligible
for a loan with Lending Stream?
First you need to check your eligibility if you want to apply for a loan with Lending Stream. To apply with us you must:
- Have a valid debit card
- An active UK bank account
- Be a UK resident
- Should be at least 18 years old
- Should be in regular employment with a monthly income of at least £400
You might also need to show that you have a job with a regular income so that we can see if you can afford the loan repayments on the top of your other financial expenses. Sometimes, we might verify these details discretely.
How can I apply for a loan with lending stream?
To apply for a loan with us, you need to fill in our online application form, and give us the below mentioned information:
- Choose the amount which you want to borrow with us
- Fill all your personal details
- Provide us with your employment, salary, expenses, and banking details
We’ll run a credit and affordability check once we have received your application and if approved, we will transfer the amount to your bank within 90 seconds.
How long do you have to repay your loan?
With Lending Stream, we give you 6 months to repay your loan which is why our loans are often referred as 6 month loans. You can even repay early if you want too as our loans are charged at a daily interest rate and you can save money by repaying early. In fact, many of our customers repay their loan in 3-4 months.
No, we don’t charge any extra fees if you repay early.
What if I am getting instant payday loans from a lender?
If you are being offered an instant payday loan from a lender, then be careful as instant payday loans typically have very high interest rates. This means that you will end up paying back much more than what you have borrowed. Also, these loans are usually due on your next payday, which can be difficult to manage if you are already struggling to make ends meet.
Before taking an instant payday loan from any lender, you must check their authenticity by doing some research on the internet or by checking if they are authorised by the FCA.
What are the advantages of instant payday loans?
- Quick Cash: With an instant payday loan you can get the cash you need quite quickly.
- Loan for Any Purpose: You can use an instant payday loan for any purpose.
What are the disadvantages of instant payday loans?
- High Interest Rates: The interest rates on instant payday loans are very high which means that you will end up paying back much more than what you have actually borrowed.
- Short Repayment Period: Another disadvantage of these loans is that they usually have a very short repayment period. You will need to repay the loan on your very next payday, which can become difficult for you if you are already struggling financially.
Contact us – Lending Stream
If you already have an account with us, you can log in and chat with us through there. Otherwise, you can get in touch on our contact us page. If you prefer you can give us a call on 0203 808 4440#. We’re open from 9am to 6pm Monday to Fridays, and 9am to 1pm Saturdays.
FAQs – instant payday loans
Do Lending Stream offer instant payday loans?
No, we don’t. We are a short term loan direct lender, and we consider your application even if you have bad credit.
Can I get an instant payday loan if I have bad credit?
You might get an instant payday loan even if you have bad credit but not with Lending Stream. We offer an alternative solution i.e., a short term loan and yes, we do consider bad credit loans too.
How much can I borrow with an instant payday loan?
This will depend on how much you can afford to repay after the lender has performed a credit and affordability check.
What is the interest rate on an instant payday loan?
Interest rates on instant payday loans are typically very high. You should expect to pay back much more than what you have actually borrowed.
When will I need to repay my instant payday loan?
Such loans are due on your next payday, which can be difficult to manage if you are already struggling financially.
We don't offer loans under 60 days. We offer 6 or 12 month loans. So, the minimum repayment period is 6 months and the maximum repayment period is 12 months. You can choose to repay early and save on interest without any penalty. Maximum APR 1721%.
Representative Example: Given a Representative APR of 1333%, if you borrow £200 over 6 months at 292.0% p.a. (fixed), you would owe 6 equal repayments of £64.44. You will repay £386.61 in total.
Very good company
Very good company, it's easy to fill out the application, everything is written well and clearly and the money is quickly in your account. The company is worth recommending
Grzegorz Komajda, 24 November 2023
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